9/18/2009Industry Incentives Backed by Board

Industry Incentives Backed by Board
The Mount Airy News
by Tom Joyce

Unlike a public hearing two weeks earlier on industrial incentives, nothing but praise greeted a pair of additional proposals Thursday night — including comments from three of the four candidates for Mount Airy mayor.

The fourth candidate, Deborah Cochran, presently a member of the city Board of Commissioners, also indicated her support when the board gave its unanimous approval to incentive packages that could create about 250 jobs.

“Complacency is the only bad decision that I see here,” local business owner Greg Perkins told city officials during the first of two public hearings regarding separate companies considering investing up to $9 million by launching operations in existing buildings here.

One of the yet-to-be-named entities, which proposes to hire 221 workers, was approved for a $58,000 incentives package Thursday night, while the other — representing 30 new jobs — was tapped for $19,000 to $77,200. If the companies do decide to set up shop, the money will be in the form of property tax rebates over a five-year period.

While Perkins, a past chairman of the Greater Mount Airy Chamber of Commerce, lamented the fact that localities must offer such enticements to attract companies, “the fact of the matter is, that’s the climate in which we live now.”

Similar comments were offered by the mayoral candidates.

Teresa Lewis, owner of Workforce Carolina, said she has watched company after company leave Mount Airy in the past 10 years, resulting in an unemployment rate now in the 13-percent range.

Lewis told city officials that she never has sought incentives for her business. “However, we are at a new time in the history of our city.” She urged “yes” votes on both projects.

As did others who spoke, Lewis offered support for each while only commenting during the first of the public hearings, which were a legal requirement due to taxpayer funds being linked to the incentives.

Gene Clark, another candidate for mayor who has spent many years in the furniture industry, stated that he believes incentives are needed if Mount Airy is to recover economically. The city must be “proactive” and “positive for business,” Clark added.

“This appears to be a very prudent and fair proposal for both of these companies,” he said.

Paul Eich, another candidate for mayor, had spoke against a $472,178 incentives package approved by the commissioners on Sept. 3. It includes 10 acres in Piedmont Triad West Corporate Park and other amenities for an unnamed company proposing to build a plant there which would hire 45 workers.

“These two incentives are significantly different from the one two weeks ago,” he said Thursday night. According to Eich, the city will be paying $11,000 per job under that package, which he said represents an attempt to “buy our way out of unemployment.”

“We need to play the game, unfortunately,” Eich said.  Full Story Link






 
 
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